Crypto market crash: There has been a decline in the crypto market for the last few days. If we talk about the last 24 hours, there has been an outcry. Tremendous selling is being seen in the crypto market. Talking about the figures, investors have lost around Rs 17 lakh crore in just one day.
According to CoinMarketCap, which provides information on crypto prices, Bitcoin, the world’s largest and oldest crypto currency, has seen a decline of about 9 percent in the last 24 hours. The Fear and Greed Index, which indicates the atmosphere of fear in the market, has also fallen to 11 points. Which clearly shows that investors are not showing confidence in the market and a period of tremendous selling is going on.
Bitcoin is disappointing investors
The world’s largest and oldest crypto currency Bitcoin has disappointed investors. According to CoinMarketCap, at around 4:10 pm on Friday, November 21, Bitcoin was trading at $83,603.57. There was a decline of about 10 percent in Bitcoin compared to the previous day.
Talking about the data of the last seven days, Bitcoin has fallen by almost 15 percent. Recently, Bitcoin prices fell below $90,000 and broke its 7-month record. Its decline continues even on today’s trading day.
Today’s price of crypto
Ethereum prices are also falling on Friday. There is a decline of 10 percent in comparison to the previous day. Ethereum is trading at $2,707.66. Tether crypto currency is trading at $0.9988. There is a decline of about 12 percent in Solana crypto currency. Solana is trading at $125.64.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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